Form 4: General Dynamics Vice President and Controller Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


William A. Moss, Vice President and Controller of General Dynamics, reports changes in beneficial ownership of company stock due to tax withholding and 401(k) plan activity.

Summary

  • William A. Moss, a Vice President and Controller at General Dynamics, filed a Form 4 to report changes in his beneficial ownership of General Dynamics Corp [GD] stock.
  • The earliest transaction date reported is March 4, 2024.
  • 639 shares of common stock were disposed of to satisfy tax withholding obligations related to the release of restricted shares at a price of $273.37.
  • The reporting person's direct holdings of common stock after the transaction is 14,713 shares.
  • The reporting person also has indirect ownership of 1,227.78 shares through the 401(k) Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a standard regulatory filing reflecting routine transactions.

Industry Context

Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock. It is a legal requirement.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
03/04/2024Date of earliest transaction: shares withheld for tax obligations.
03/06/2024Date of signature for the report.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.